REG - Vodafone Group Plc - VODAFONE APPOINTS GROUP CHIEF FINANCIAL OFFICER

VodafoneAnnouncement

24/07/2023 07:00

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RNS Number : 8746G  Vodafone Group Plc  24 July 2023

 

24 July 2023

 

VODAFONE APPOINTS LUKA MUCIC AS GROUP CHIEF FINANCIAL OFFICER

 

Vodafone Group Plc ("Vodafone") announces today the appointment of Luka Mucic
as Chief Financial Officer and as an Executive Director of Vodafone, effective
from 1 September 2023.

Margherita Della Valle, Vodafone Group Chief Executive said: "I am thrilled
that Luka will be joining the Vodafone team. He has a strong track record of
international leadership, corporate repositioning and value-creation. Luka is
joining us at a critical time as we undertake the transformation of Vodafone."

Luka Mucic said: "I am very excited to be joining Vodafone at this important
stage of the Group's development. I look forward to working with Margherita
and the team in delivering Vodafone's strategic priorities of Customers,
Simplicity and Growth."

Jean-François van Boxmeer, Vodafone Group Chair said: "Following a rigorous
international and cross-sector search, I am delighted Luka is joining the
Board. He brings with him extensive experience in finance, international
business - particularly in Germany - and technology."

Other than disclosed below, there is no further information to disclose for
Luka Mucic in accordance with Listing Rule 9.6.13.

- ends -

For more information, please contact:

Investor Relations                                     Media
Relations

Investors.vodafone.com
Vodafone.com/media/contact

ir@vodafone.co.uk
GroupMedia@vodafone.com

Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14
2FN, England. Registered in England No. 1833679

 

Supplementary information

Luka Mucic biographical information

Luka Mucic was the Chief Operating Officer of SAP SE from 2014-2017 and its
Chief Financial Officer from 2014 until 31 March 2023. During these roles, he
was responsible for SAP's groupwide Finance, Legal, Data Protection,
Procurement, Audit, Risk Management, Security, IT and process management
functions.

He is currently a member of the Supervisory Board of Heidelberg Materials AG,
a building materials company listed on the Frankfurt Stock Exchange. He was
previously a non-executive director of the Board of Qualtrics International, a
company that was listed on the NASDAQ stock exchange, between 28 January 2021
and 28 June 2023.

Luka began his career at SAP in 1996 and has held a series of management
positions within the Global Finance and Administration division. He assumed
responsibility for M&A projects, as well as for the global risk
management function of SAP and the legal department of SAP Markets Europe.

After serving as CFO of SAP's DACH region (comprising Germany, Austria and
Switzerland) from 2008 to 2012, he became head of Global Finance and a member
of SAP's Global Managing Board in 2013. Luka also oversaw SAP's sustainability
efforts and was responsible for SAP's Taulia and SAP Signavio business
units.

Luka studied law at the Ruprecht-Karls University of Heidelberg and obtained a
joint Executive MBA from Mannheim Business School and ESSEC Paris.

 

Remuneration

Luka Mucic's remuneration as Group Chief Financial Officer will be as
follows:

-    Base salary - £760,000 per annum

-    Bonus - Maximum of 200% of base

-    LTIP - Maximum of 450% of base

-    Pension - 10% of base as an allowance, in line with the wider UK
workforce

-    Car allowance - £19,200

All remuneration arrangements are consistent with the terms of the Directors'
Remuneration Policy approved by shareholders at the AGM in July 2020 and those
of the Directors' Remuneration Policy which will be submitted for shareholder
approval at the AGM in July 2023, including support for relocation in line
with Vodafone's relocation and international assignment policies, which will
cover (but is not limited to) immigration, relocation, housing, and tax
advice. Further detail will be set out in the 2024 Directors' Remuneration
Report.

 

About Vodafone

Vodafone is the largest pan-European and African telecoms company. Our purpose
is to connect for a better future by using technology to improve lives,
digitalise critical sectors and enable inclusive and sustainable digital
societies.

We provide mobile and fixed services to over 300 million customers in 17
countries, partner with mobile networks in 46 more and are also a world leader
in the Internet of Things (IoT), connecting over 167 million devices and
platforms. With Vodacom Financial Services and M-Pesa, the largest financial
technology platform in Africa, we serve more than 71 million people across
seven countries.

We are committed to reducing our environmental impact to reach net zero
emissions by 2040, while helping our customers reduce their own carbon
emissions by 350 million tonnes by 2030. We are driving action to reduce
device waste and achieve our target to reuse, resell or recycle 100% of our
network waste by 2025.

For more information, please visit www.vodafone.com
(http://www.vodafone.com/) , follow us on Twitter at @VodafoneGroup or connect
with us on LinkedIn at www.linkedin.com/company/vodafone
(http://www.linkedin.com/company/vodafone) .

 

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